29 April 2020

The machine tool industry is a key to ‘Make in India’

‘Make in India’ policy aims to promote investments in the manufacturing sector and increase the share of manufacturing in GDP to 25 per cent by 2025. The machine tool industry is the key to this flagship initiative of the Government of India, as it makes the machines required for the manufacturing sector. ‘Make in India’ program has provided a broad direction for manufacturers to invest in India, focus on infrastructure development and enhance manufacturing growth. It has changed the mindset of the machine tool industry and given a filip to their entrepreneurial side. As a result of this, the sector is now more open to embrace new technologies.Back